News Article

£25,000 threshold for uni re-payments

Low-earning graduates will benefit from a delay in their student loan repayments under a Conservative scheme designed to defuse the political damage over tuition fees and attempt to woo younger voters.

Speaking at the start of the Conservative party conference in Manchester, Theresa May announced plans to raise the income level that triggers student loan repayments for recent graduates in England from £21,000 to £25,000 a year.

 

Tuition fees were set to rise from £9,250 to £9,500 next year due to inflation, but May’s decision to freeze them recognises the political difficulty such an increase would provoke.

 

Please read the full article herehttps://www.theguardian.com/education/2017/oct/01/tuition-fee-repayment-earnings-threshold-rise-to-25000